Welcome to our dedicated page for Gates Industrial news (Ticker: GTES), a resource for investors and traders seeking the latest updates and insights on Gates Industrial stock.
Gates Industrial Corporation PLC (NYSE: GTES) provides engineered power transmission and fluid power solutions to critical industries worldwide. This news hub offers investors and industry professionals direct access to official corporate announcements and market-relevant developments.
Track comprehensive updates including quarterly earnings, product innovations, strategic partnerships, and operational milestones. Our curated collection ensures timely access to filings, press releases, and material events affecting this industrial manufacturing leader.
Key coverage areas include advancements in hydraulic systems, belt technology improvements, global expansion initiatives, and sustainability efforts. Regular updates reflect GTES's role in automotive, construction, and energy sectors where component reliability is paramount.
Bookmark this page for streamlined monitoring of Gates Industrial's business trajectory. Combine historical context with real-time updates to inform your analysis of this NYSE-listed industrial solutions provider.
Gates Industrial (NYSE:GTES) has announced a schedule change for its first-quarter 2025 earnings conference call and webcast. The event will now take place at 9 a.m. Eastern time on Wednesday, April 30, 2025, one hour earlier than previously scheduled.
Participants can join via phone by dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) using Conference ID 5772067. A live webcast will be available through the company's investor website at investors.gates.com.
An audio replay will be accessible from approximately 1:00 p.m. Eastern time on April 30 until 11:59 p.m. Eastern time on May 7, 2025. Replay access numbers are (800) 770-2030 (domestic) or +1 (647) 362-9199 (international), with passcode 5772067.
Gates Industrial (NYSE:GTES) has scheduled its first-quarter 2025 earnings release for Wednesday, April 30, 2025, before market opening. The company will host a webcast and conference call at 10:00 a.m. Eastern time to discuss the financial results.
Investors can access the conference call via phone by dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) with Conference ID 5772067. A live webcast will be available through the company's investor relations website at investors.gates.com.
An audio replay will be accessible from 1:00 p.m. Eastern time on April 30 until May 7, 2025, via phone at (800) 770-2030 (domestic) or +1 (647) 362-9199 (international) using passcode 5772067, or through the company's website.
Gates (NYSE: GTES) has announced the launch of Data Master MegaFlex, a revolutionary large-diameter cooling hose designed for data center applications. The product, available from April 2025, expands the company's data center portfolio following the 2024 release of Data Master small-diameter hose.
The new hose, ranging from 1.25" to 2" in diameter, features up to 75% tighter minimum bend radius than competitors, enabling easier installations and cleaner layouts in high-density environments. Engineered with peroxide-cured EPDM tube, it ensures compatibility with multiple coolant types, including PG25, for optimal performance in closed-loop systems.
This innovation specifically targets high-flow liquid cooling systems in data centers, focusing on critical connections between cooling distribution units (CDUs) and rack manifolds, addressing the intense thermal loads of high-density server environments.
Gates Industrial plc (NYSE: GTES), a leading manufacturer of power transmission and fluid power solutions, has announced its participation in the upcoming J.P. Morgan Industrials Conference in New York City. The event is scheduled for Wednesday, March 12, 2025, where Brooks Mallard, Chief Financial Officer, will deliver a presentation at 4:40 pm Eastern Time.
Investors and interested parties can access a live webcast of the presentation through the Events & Presentations section on Gates Industrial's Investor Relations website at investors.gates.com.
Gates Industrial (NYSE: GTES), a global manufacturer of innovative power transmission and fluid power solutions, has announced its participation in two major investor conferences. CEO Ivo Jurek will engage in fireside chats at:
- The Citi Global Industrial Tech and Mobility Conference on Tuesday, February 18, 2025, at 1:50 p.m. Eastern time
- The Barclays Industrial Select Conference on Wednesday, February 19, 2025, at 1:15 p.m. Eastern time
Interested parties can access live webcasts of both presentations through the Events & Presentations section on Gates' Investor Relations website at investors.gates.com.
Gates Industrial (NYSE: GTES) reported Q4 2024 results with net sales of $829.4M, down 3.9% year-over-year, including a core sales decline of 2.6%. Q4 net income was $36.6M ($0.14 per diluted share), compared to $62.9M ($0.24 per share) in Q4 2023.
Full-year 2024 performance showed net sales of $3,408.2M, a 4.5% decline, with core sales down 3.5%. Annual net income reached $194.9M ($0.74 per share), versus $232.9M ($0.84 per share) in 2023. The company generated $379.6M in operating cash flow.
The company's adjusted EBITDA margin improved to 22.3% for 2024, up from 20.9% in 2023. For 2025, Gates forecasts core sales growth between -0.5% and +3.5%, with adjusted EBITDA of $735M to $795M and adjusted EPS of $1.36 to $1.52.
Gates Industrial (NYSE:GTES) has announced it will release its fourth-quarter 2024 earnings report before market opening on Thursday, February 6, 2025. The company will host a webcast and conference call at 11:00 a.m. Eastern time on the same day to discuss the financial results.
Investors can access the conference call by dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) with Conference ID 5772067. A live webcast will be available through Gates Industrial's investor website. An audio replay will be accessible from 1:00 p.m. Eastern time on February 6 until February 13, 2025, via phone or the company's website.
Gates Industrial (NYSE: GTES) announced its management's participation in two upcoming investor conferences. The company will participate in fireside chats at the Baird Global Industrial Conference on November 13, 2024, at 4:05 p.m. Central time, where CEO Ivo Jurek will present. Additionally, CEO Ivo Jurek and CFO Brooks Mallard will present at the Goldman Sachs Industrials & Materials Conference on December 4, 2024, at 2:00 p.m. Eastern time. Live webcasts of both presentations will be available through the Events & Presentations section of Gates' Investor Relations website.
Gates Industrial announced the pricing of a secondary offering of 11,635,224 ordinary shares by selling stockholders affiliated with Blackstone Inc. The shares are priced at $19.40 per share, with the offering expected to close on November 5, 2024. Gates will not receive any proceeds from this offering as it's not offering any shares directly. Goldman Sachs & Co is serving as the book-running manager for the offering.
Gates Industrial announced a secondary offering of 11,635,224 ordinary shares by selling stockholders affiliated with Blackstone Inc. The company itself is not offering any shares and will not receive any proceeds from the sale. Goldman Sachs & Co is serving as the book-running manager for the offering. The company has filed a registration statement with the SEC, and interested investors can access documents through the SEC's EDGAR website or request them from Goldman Sachs.
